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Explain why it is necessary for employees to review career progress.
Credit Sales
refers to sales in which the buyer is permitted to pay at a later date, commonly used in business to business transactions.
Specific Customers
Refers to the particular group or segment of customers targeted by a business for its products or services.
Annual Interest Rate
The percentage increase in the amount of money owed as interest on a loan or investment, calculated on an annual basis.
Principal
The original sum of money borrowed in a loan, or the amount of the investment, excluding any interest or dividends.
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